Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.004%

Price spread now: OKX against Polymarket Perps+0.098%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Polymarket Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 7 days+0.097%+$10 · spread now +0.098%, 7d avg +0.070%

Together, before fees+0.015%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.028% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMD-USD	610.88	0.0050	pay 0.0006% / 1h	57m 14s	$393K	$1.6M	10x
Short	OKX AMD-USDT-SWAP	611.48	0.0078	get 0.0078% / 8h	7h 57m	$6.6M	$29.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee OKXbpOrdersPrice spread, now +0.098%Rate

Funding earned: $5.97
Price spread: +0.098% → +0.070%: $2.78
Slippage, 4 orders: −$16.2
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.46
Costs to cover: 0.342%
Break-even: 36.9 days

Slippage from Polymarket Perps: live order book, 6 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 6 min ago	2.53 bp	6.8 bp −$7	6.9 bp −$69	8.7 bp −$872	doesn't fit
Sell OKX live order book, 1 min ago	1.31 bp	10.6 bp −$11	24.7 bp −$247	doesn't fit	doesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AMDUSDC	−0.0922%	4h	612.93	+0.335%	$73K	$1.7M	10x	as long as short
Bitget AMDUSDT	−0.0235%	8h	611.91	+0.169%	$10.3M	$17.3M	20x	as long as short
Injective AMD/USDC PERP	−0.0220%	1h	551.13	−9.781%	$2K	$59K	12x	as long as short
Aster AMDUSDT	0.0000%	8h	611.82	+0.154%	$69K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	611.75	+0.142%	$4.5M	$14.1M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	611.81	+0.152%	$2K	$8.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	611.74	+0.141%	$100K	$640K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	611.89	+0.165%	$1.7M	$466K	10x	as long as short
Lighter AMD	+0.0032%	1h	611.52	+0.105%	$521K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	611.23	+0.057%	$791K	$4.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	611.42	+0.088%	$125K	$288K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	611.99	+0.182%	—	$924K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	611.20	+0.052%	$22.0M	$96.1M	10x	as long as short
Polymarket Perps AMD-USDlong	+0.0050%	1h	610.88	long leg	$393K	$1.6M	10x
SoDEX AMD-USD	+0.0050%	1h	611.59	+0.116%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	611.44	+0.092%	$1.4M	$5.4M	10x	as long as short
QFEX AMD-USD	+0.0076%	1h	611.61	+0.119%	$2.0M	$11.4M	10x	as long as short
OKX AMD-USDT-SWAPshort	+0.0078%	8h	611.48	+0.098%	$6.6M	$29.4M	25x
KuCoin AMDUSDTM	+0.0100%	8h	611.32	+0.072%	$1.9M	$317K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	612.19	+0.214%	$79K	$255K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	611.78	+0.147%	$366	$6K	10x	as long as short
Nado AMD-PERP	+0.0140%	1h	610.91	+0.005%	$254K	$240K	10x	as long as short
Aevo AMD-PERP	+0.0144%	1h	611.87	+0.163%	$11K	—	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0152%	1h	610.71	−0.028%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0157%	1h	612.64	+0.288%	$2K	$89K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0159%	1h	611.22	+0.056%	$76K	$151K	10x	as long as short
Variational Omni AMD	+0.0167%	8h	613.02	+0.351%	$2.0M	$3.8M	—	as long as short
BloFin AMD-USDT	+0.0247%	8h	611.83	+0.156%	$6K	$553K	20x	as long as short
Extended AMD_24_5-USD	+0.0248%	1h	611.55	+0.109%	$459K	$3.4M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0249%	8h	612.90	+0.331%	$20K	$184K	10x	as long as short
Binance AMDUSDT	+0.0250%	8h	611.74	+0.141%	$71.9M	$204.8M	25x	as long as short